News
Nigerians residing in UK top list of money senders —World Bank
Nigerians in the UK have emerged the highest senders of money to their home country with £ 3 . 27 m being sent in 2017 .According to a World Bank report , Nigeria was the top receiver of cash from the UK , followed by India , France and Pakistan , reports Daily Mail .
This makes the UK the fourth largest source of remittances after the US , Saudi Arabia and the United Arab Emirates , with a global total of some £ 483 bn in 2017 .
While migrants in the UK were sending large amounts of cash back home , Australia was the largest sender of remittances to the United Kingdom , with US $ 1 . 08 m being received from there .
The US , Canada , Spain and South Africa were the next biggest senders to the UK .
The World Bank report revealed that , India is the largest receiver of remittances in the world , receiving a total of US $ 68 , 968 m .
China is the second largest receiver of remittances , after India , receiving a total of US $ 63 , 860 m .
The US is home to the largest number of migrants from developing countries and is the largest sender of remittances in the world .
Follow us on social media:
Muslims Kill Man, Mother And Daughter For Converting From Islam To Christianity
Drama as kidnappers refuse to release businesswoman after collecting N5 million ransom demanded
Mercy Eke hospitalized hours after partying with friends, says life is too short to be unhappy (Video)
Drama as Nigerian man slaps girlfriend over cake-cutting at party
Destiny Etiko reacts after two prophets warned her about some colleagues’ plans to end her (Watch)
Gunmen abduct wife and house help of APC governorship aspirant in Benue, demand N100 million ransom
“He has so much sense” – Davido response when asked if he is in communication with Wizkid and Burna Boy stirs reactions online (Video)
Nigerian military reacts as soldiers allegedly torture hotel manager to death in Abia after colleague drown
-
Celebrity Gossip & Gist2 days ago“He has so much sense” – Davido response when asked if he is in communication with Wizkid and Burna Boy stirs reactions online (Video)
-
Celebrity Gossip & Gist2 days agoLeaked video of Davido begging in tears to sleep with American model goes viral (Watch)
-
Crime2 days agoMore trouble for Betta Edu and others as EFCC uncovers fresh $445,000, N3bn fraud in humanitarian ministry
-
Crime2 days agoMan kills his 100-year-old mum over palm oil proceeds in Osun